1 financial management - a provincial perspective cheryl wenezenki-yolland comptroller general...
DESCRIPTION
3 Insanity is Doing the same thing over and over again and expecting different results. Ministry of Finance - OCGTRANSCRIPT
1
Financial Management - A Provincial Perspective
Cheryl Wenezenki-YollandComptroller General
Province of BC
2
What is the definition of insanity?
Ministry of Finance - OCG
3
Insanity is.........
Doing the same thing over and over again and expecting different results.
Ministry of Finance - OCG
4
What does this have to do with financial management?
Ministry of Finance - OCG
5
If our traditional approach to financial management is no longer sufficient to meet today’s business environment,
what does it need to become?
Ministry of Finance - OCG
6
Financial management in today’s
public sector must transform to meet today’s demands for improved
performance and accountability.
It must be strategic, innovative and integrated with program performance.
Ministry of Finance - OCG
7
How do we leverage our past successes to improve today’s financial
management?
Ministry of Finance - OCG
8
What are some of the goals and priorities that financial management needs to support?
Government strategic priorities Ministry program priorities Citizen demands for accountability
Ministry of Finance - OCG
9
What are the challenges to transforming the financial management in
government?
Ministry of Finance - OCG
10
Challenges…...
Does the public sector have the capacity to support a strategic financial management function?
Ministry of Finance - OCG
11
Challenges.........
How can financial management evolve within the constraints of government structures?
Ministry of Finance - OCG
12
Challenges..........
How do we integrate financial management with public performance management?
Ministry of Finance - OCG
13
Challenges............
How do we transform the financial management function in government in an environment of constant change and challenges?
Ministry of Finance - OCG
14
As a financial leader, I’m up for the challenge .... are you?
Ministry of Finance - OCG
15
QUESTIONS?
Cheryl Wenezenki-YollandPhone: (250) 387-6692
Email: [email protected]://www.fin.gov.bc.ca/ocg.htm
Ministry of Finance - OCG